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E.U. Settles With Russia’s Gazprom Over Antitrust Charges

The settlement could mark the end of a long legal tangle. But countries that have long been squeezed by the energy company complained that it should have been fined.

Source: NYT > Business Day | 27 May 2018 | 11:35 pm(NZT)

Your Money Adviser: Free Tickets. Money. College Savings Plans Try to Stir Up Interest.

State 529 plans, which allow education savings to grow tax free, have been around for more than 20 years. But many families still don’t know about them.

Source: NYT > Business Day | 27 May 2018 | 11:35 pm(NZT)

Lightning strike causes Stansted Airport disruption

Flights are cancelled or delayed after its aircraft fuelling system was damaged by a thunderstorm.

Source: BBC News - Business | 27 May 2018 | 10:52 pm(NZT)

Qualcomm to meet China regulators in push to clear $44 billion NXP deal: sources

BEIJING (Reuters) - Qualcomm Inc is expecting to meet this week in Beijing with China's antitrust regulators in a final push to secure clearance for its proposed $44 billion acquisition of NXP Semiconductors NV , three sources told Reuters.

Source: Reuters: Business News | 27 May 2018 | 9:33 pm(NZT)

Cyclone shuts Sembcorp Salalah water production plant

DUBAI (Reuters) - Sembcorp Salalah Water and Power Co , which operates an electricity generation and seawater desalination plant in Oman, said its water production plant had been temporarily shut down because of rough seas as a result of a tropical storm.

Source: Reuters: Business News | 27 May 2018 | 7:25 pm(NZT)



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Tencent chairman pledges to advance China chip industry after ZTE 'wake-up' call: reports

HONG KONG (Reuters) - Tencent Holdings chairman pledged to advance China's semiconductor industry, saying the blow to ZTE Corp from Washington's ban on U.S. firms supplying telecommunications company was a "wake-up" call, local media reported.

Source: Reuters: Business News | 27 May 2018 | 5:33 pm(NZT)

Local success

While the High Street is a battleground for supermarkets, online retailers and discount chains - convenience stores are thriving.

Source: BBC News - Business | 27 May 2018 | 12:46 pm(NZT)

Makers of ‘Sesame Street’ Sue to Get Raunchy Puppet Movie to Change Its Advertising

The creators of the children’s television show want “The Happytime Murders,” an upcoming movie featuring puppets, to stop using the slogan “No Sesame. All Street.”

Source: NYT > Business Day | 27 May 2018 | 11:31 am(NZT)

Europeans in Iran Bitterly Denounce the U.S. as ‘Caesar’ Amid New Sanctions

Big European companies are weighing whether to rapidly end operations there, leaving many executives angry and some Iranians unemployed.

Source: NYT > Business Day | 27 May 2018 | 11:20 am(NZT)

Business groups write to PM urging Heathrow expansion

Business groups write to the prime minister urging the government not to waver on Heathrow expansion.

Source: BBC News - Business | 27 May 2018 | 11:12 am(NZT)



RBS closures decision criticised by MPs

A report says RBS has failed to appreciate the impact of its decision to close dozens of branches in Scotland.

Source: BBC News - Business | 27 May 2018 | 11:02 am(NZT)

Daimler faces scrutiny of 120,000 Vito, C-Class diesels: BamS

FRANKFURT (Reuters) - Daimler faces an investigation of 40,000 diesel Vito vans and 80,000 C-Class model cars for possible illicit software that allowed the vehicles to emit excess pollution without detection, Bild am Sonntag reported, citing no sources.

Source: Reuters: Business News | 27 May 2018 | 10:27 am(NZT)

As Google Feeds Cats, Owl Lovers Cry Foul

In a Silicon Valley park, burrowing owls are dying and disappearing. Public records and a bit of snooping uncovered a path that led to Google and its feline-loving employees.

Source: NYT > Business Day | 27 May 2018 | 8:06 am(NZT)

Oil output could return to October 2016 level, says Russia's Novak

MOSCOW (Reuters) - A return to the oil production levels that were in place in October 2016, baseline for the current deal to cut output, is one of the options for easing curbs, Russia's energy minister said on Saturday.

Source: Reuters: Business News | 27 May 2018 | 6:22 am(NZT)

Single-Payer Health Care in California: Here’s What It Would Take

Universal state health coverage has rallied Democrats in the governor’s race. But even with the state’s size and wealth, it would be hard to achieve.

Source: NYT > Business Day | 27 May 2018 | 5:44 am(NZT)

U.S. News Outlets Block European Readers Over New Privacy Rules

The move by several major news organizations illustrated that some companies would prefer to lose European readers than to risk being hit with stiff penalties.

Source: NYT > Business Day | 27 May 2018 | 2:33 am(NZT)

Boots owner denies overcharging NHS for cancer mouthwash

A Times newspaper investigation found the NHS was charged £3,220 for a mouthwash used by cancer patients.

Source: BBC News - Business | 27 May 2018 | 1:03 am(NZT)

Ed Sheeran 'not trying to stitch fans up' over UK tour tickets

Speaking about a row over tickets for his UK tour, the star says he wants to stop fans getting "ripped off".

Source: BBC News - Business | 26 May 2018 | 11:17 pm(NZT)



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Miner Grupo Mexico blames freight train derailments on 'sabotage'

MEXICO CITY (Reuters) - Mexican miner and infrastructure firm Grupo Mexico on Friday said in a statement that seven freight train derailments were due to "sabotage" and would cost the company 312 million pesos ($16 million).

Source: Reuters: Business News | 26 May 2018 | 5:51 pm(NZT)

Audi CEO says diesel crisis not over and vows to stay on: report

FRANKFURT (Reuters) - Audi Chief Executive Rupert Stadler said the diesel emissions affair was not over and promised to stay at the helm of the German luxury car maker, a German newspaper reported on Saturday.

Source: Reuters: Business News | 26 May 2018 | 2:07 pm(NZT)

TSB crisis: No end in sight for customers

Five weeks into the IT crisis, the bank says experts from IBM will remain "for as long as it takes".

Source: BBC News - Business | 26 May 2018 | 9:33 am(NZT)















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